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Stock Market & Financial Investment News

News Breaks
February 12, 2013
17:16 EDTIAGIAMGOLD acquires additional shares in Eagle Mountain
IAMGOLD announced that it has indirectly received, through its 95% owned subsidiary, 3,236,246 common shares of Eagle Mountain Gold, or EMGC, formerly Stronghold Metals. The shares were received, on a prospectus exempt basis, as consideration under an earn-in agreement with EMGC for the remaining 50% interest in the Eagle Mountain exploration concession in Guyana. IAMGOLD now indirectly owns, through its 95% owned subsidiary, 5,536,246 common shares of EMGC, or approximately 14.93% of the outstanding common shares. The common shares of EMGC indirectly acquired today by IAMGOLD were acquired for investment purposes. IAMGOLD does not have any present intention to acquire, indirectly or directly, ownership of, or control or direction over additional securities of EMGC. It is the intention of IAMGOLD to evaluate its investment in EMGC on a continuing basis and such holdings may be, indirectly or directly, increased or decreased in the future.
News For IAG From The Last 14 Days
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February 25, 2015
10:01 EDTIAGOn The Fly: Analyst Upgrade Summary
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08:12 EDTIAGIAMGOLD upgraded to Overweight from Underweight at HSBC
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07:25 EDTIAGJPMorgan to hold a conference
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February 23, 2015
07:40 EDTIAGBMO Capital to hold a conference
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February 19, 2015
09:12 EDTIAGOn The Fly: Pre-market Movers
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February 18, 2015
17:17 EDTIAGIAMGOLD reports 2014 reserves of 8.6M ounces
IAMGOLD announced its 2014 year-end mineral reserve and resource statement. Total attributable proven and probable gold reserves decreased by 15% or 1.5M ounces to 8.6M ounces of gold at the end of 2014 due to three principal factors: changes in economic and geotechnical parameters, mainly at Rosebel offset by positive economic parameters resulting from an optimization process at Sadiola, depletion at Rosebel, Essakane and Westwood sites somewhat offset by the increase in reserves at Westwood , reflecting the transfer of resources into reserves, and a lower gold price assumption for reserves at the company's owned and operated mines of $1,300 per ounce at December 31, 2014 compared to $1,400 a year earlier. At Sadiola the gold price assumption for reserves was $1,100 per ounce in both years. Total attributable measured and indicated gold resources decreased by 9% or 2.0 million ounces to 21.4M ounces of gold at the end of 2014 mainly due to changes in economic parameters and depletion at Rosebel and Essakane partially offset by additional resources at the company's development and exploration projects, such as Côté Gold and Boto Gold. As at December 31, 2014, the Company also had attributable inferred resources of 7.0 million ounces.
17:14 EDTIAGIAMGOLD reports Q4 EPS 3c, consensus 1c
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